Port News

US gov gives Corpus Christi funding boost

Corpus Christi, Texas, USA – For the second year, the Port of Corpus Christi’s Ship Channel Improvement Project (CIP) was included in the President’s Budget for U.S. Army Corps of Engineers (USACE) Coastal Navigation Construction that was released Monday (March 11) by the White House. The Port of Corpus Christi is the …

Read More »

Container Throughput of January 2019 by COSCO

HIGHLIGHTS: January 2019 throughput Total throughput (excluding QPI) +8.4% yoy Organic growth (excluding QPI) +7.5% yoy (1) Subsidiaries +14.4% yoy Non-subsidiaries (excluding QPI) +6.6% yoy Overseas portfolio +20.1% yoy Greater China portfolio (excluding QPI) +4.7% yoy Note: (1) Excluding Nantong.   Container throughput of port companies Note: (1) CSPL currently …

Read More »

Relief for older BOT cargo terminals

Most of the older cargo terminals, run by private firms at Centre-owned major port trusts under a restrictive rate regime finalized in 2005, are set to win “substantial tariff hikes” after the Government framed new rules that alters the way rates are computed. The rate hikes will incentivise some of …

Read More »

Port of Vancouver enters SEA/LNG

The Vancouver Fraser Port Authority has joined SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel. The Vancouver Fraser Port Authority is the federal agency of the Port of Vancouver, Canada’s largest port, and the fourth port member to …

Read More »

Swedish new terminal finds a new investor

Infranode invests US$42,7 million (SEK 400 million) in the development of the new greenfield container terminal in the Port of Gävle and at the same time becomes a minority shareholder in the port operator Yilport. With this investment Infranode becomes a partner and co-owner of Yilport Holding’s Swedish operations in …

Read More »

Port of Virginia proceeds with its expansion project

The Port of Virginia® continues to expand its capacity and this month 12 new container stacks at Norfolk International Terminals (NIT) began operating as the project to reconfigure the terminal’s south container stack-yard moves forward according to schedule. “A little more than a year ago an area the size of …

Read More »

Port of New York and New Jersey keeps breaking records

The momentum of record-breaking container volume continued in the new year, setting an all-time high in January. Total volume for January 2019 rose by 6.3 percent, posting 622,531 TEUs (355,374 lifts) versus 585,864 TEUs (335,282 lifts) in January of 2018. This increase represents the fifth highest monthly volume ever recorded …

Read More »

UCL Port’s MRC focuses on environment

UCL Holding’s press release: In line with its sustainability policy Port of Ust-Luga, Leningrad Region based Murltipurpose Reloading Complex (MRC, part of UCL Holding) allocated for 2018 environmental protection programme RUB 3.92 million, which is 11% more than a year earlier. The earmarked money was spent primarily (RUB 2.3 million) …

Read More »

Russian port invests in eco sustainability

In 2018 Sea Port of Saint-Petersburg JSC (SP St.Pb, part of UCL Holding) continued investments in its environmental sustainability. The Company spent in excess of RUB 44.5 million for environment protection measures, which is 31% higher on the previous year’s expenditure figures. The increase was due to more funding of …

Read More »

Rotterdam’s innovation network to be enhanced

The Province of Zuid-Holland has pledged its support to the SmartPort network over the next few years. The administration has allocated a total of 0.5 million euro in public funds for strengthening connections between companies in the port, knowledge institutes and local authorities that are geared towards accelerating innovations in …

Read More »

Port Alberni pushes container transshipment hub

Zoran Knezevic wants to open it to shippers and global container cargo carriers. But the Port Alberni Port Authority (PAPA) president and CEO will need $1.7 billion to do it. Knezevic is selling PAPA’s Port Alberni Transshipment Hub (PATH) plan as a vital Asia-Pacific Gateway addition that will remove some …

Read More »

Strike in Sweden called off – Ports breathe again

A strike threatening to hamper Swedish exports and imports has been called off after dockworkers and employers signed a deal at the eleventh hour, ending years of conflict. The Swedish Dockworkers’ Union had been fighting since 2016 to establish a collective bargaining agreement for its members with Ports of Sweden. …

Read More »

Tianjin port sees goods trade up in Jan

Goods trade via the northern Chinese port city of Tianjin rose 8.9 percent year-on-year in January with the help of booming trade with the European Union. Goods trade totalled 121.86 billion yuan (18.2 billion U.S. dollars), Tianjin Customs said Thursday. Exports rose 2.2 percent to 57.85 billion yuan while imports …

Read More »

Port of NY & NJ develops a “green” strategy

Last year the Port Authority of New York and New Jersey became the first public transportation agency in the country to embrace the Paris Climate Agreement, a United Nations-sponsored pact to bring the world’s countries together to fight climate change and reduce greenhouse gas emissions. In support of the agreement, …

Read More »

DP World Europe makes a mega order to Kalmar

DP World selects again Kalmar in order to enhance four European container terminals. With a massive order of 63 Kalmar Hybrid Straddle Carriers, DP World plans to strongly equip its terminals. The order was booked in the first quarter of Cargotec and the most of the machines is expected to be …

Read More »

POLB’s Ninth Street railroad closure

Operational closure to improve movement of cargo by rail at Port The Ninth Street railroad crossing near Pico Avenue in the harbor district in West Long Beach will be closed as of March 9, 2019, in a move that will immediately improve rail operations and increase the speed of moving …

Read More »

Cargo flows improved at Port Manila South Harbor

The collaborative synergy between Asian Terminals Inc. (ATI), port authorities and international shipping lines has yielded positive gains in significantly freeing up yard space and further easing cargo flows at the international gateway port Manila South Harbor. As of March 4, yard utilization at Manila South Harbor has reached optimal …

Read More »

Wärtsilä to support two Portuguese ports

The technology group Wärtsilä has successfully completed the installation and operational staff training for its Vessel Traffic Service (VTS) solution in the ports of Lisbon and Setúbal / Sesimbra in Portugal. The systems will increase the efficiency of these ports by reducing waiting time for vessels and allowing just-in-time pilotage. …

Read More »

Amsterdam: The new sea lock’s progress

In March and April, work will be carried out to the exterior facade of the Lock Operation Centre (SOC) (number 1 in the picture); various engineering works will be carried out to complete the lock gates; construction activities are still being carried out to heighten the walls of the inner …

Read More »

DP World to enable trade and economic growth in Kazakhstan

The potential of DP World investing in new infrastructure in Kazakhstan’s ports and logistics sectors was the focus of discussions between global trade enabler DP World’s Chairman and CEO Sultan Ahmed Bin Sulayem and Kazakhstan’s Prime Minister H.E. Askar Mamin in Astana today. This follows the signing of two framework …

Read More »

Poll

IS MARKET READY TO EMBRACE BLOCK CHAIN TECHNOLOGY?